1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Rashid [163]
3 years ago
6

Demitri's parents begin saving for his college fund when Demitri is 10 years old. They invest $5,000 in an account that earns 1.

2% interest compounded annually. When Demitri turns 18, he decides to attend a local community college for two years. One year of courses at the community college costs approximately $2,700. Is there enough money available from the investment to pay for the first two years of Demitri's college education?
Mathematics
2 answers:
Phantasy [73]3 years ago
8 0

Answer:

The correct answer would be H. Yes, the CD earns over $500 in interest over 8 years.

Step-by-step explanation:

I had the same question as you, and I got it correct!

qaws [65]3 years ago
3 0

Answer:

yes

Step-by-step explanation:

A = P(1 + r)^t

A = total amount

P = principal

r = interest rate, as a decimal

t = time, in years

A = 5000·[(1 + .012)^8]

A = 5000(1.1001)

A = 5,500.65

amount of investment after 8 years = $5,500.65

two years of community college = $5,400

You might be interested in
Nine years ago, Tarah opened a savings account with her bank. She started with a balance of $359 and has not made any withdrawal
Nikitich [7]

Answer: They should have like $100.52 Or something I’m assuming

Step-by-step explanation: I’m doing this to finish the 3 steps for this website and I have no idea what this is. So like she has $359, pays 8% interest for 9 years, 359 x 0.08 x 9 or however, someone else who’s a pro do this.

8 0
3 years ago
Anyone know the mean.median.and mode of <br> 7,5,0,2,6,4,2
kenny6666 [7]
First put in ascending order.
0, 2, 2, 4, 5, 6, 7
The median is the middle number: 4
The mode is the number that repeats the most often: 2
The mean is the average. Add the numbers and divide by 7.
26/7 = 3.71
7 0
4 years ago
Read 2 more answers
Justin, Cam, and Ben are playing a board game where exactly one player will win. Ben estimates that Justin has a 20\%20%20, perc
motikmotik

Answer:

false

Step-by-step explanation:

Based on the information provided we can say that this is false. Since it is a board game and no actual information regarding each players position in the game has been presented, then each player has an equal chance of winning each game. Therefore since there is a total of 3 players the percent chance of winning each game for each player is 33% (100 / 3 = 33)

6 0
4 years ago
Please please please please please please please help
Ilia_Sergeevich [38]

Answer:

a. 90 pack

b. $0.27

c. $0.18

d. $0.21

e. 60 pack

Step-by-step explanation:

a. i think  the 90 pack container should be having least unit rate per pack,as purchasing in bulk amount the cost of a unit should be reduced to some amount which is must to lure the customer to purchase in bulk amounts.

b. unit price = total cost of container ÷ number of individual units inside it

for 20 pack, unit rate = 5.49÷20 = $0.27

c. for 60 pack, unit rate = 10.97÷60 =$0.18

d. for 90 pack, unit rate = 18.95÷90 =$0.21

e. ∴ the 60 pack container has the least unit rate per pack which is in contrary with our expectation of 90 pack to be lowest expecting bulk order.

5 0
3 years ago
How do I solve this can somebody show me how to solve this
natali 33 [55]
The answer is 0.6 because you divide 21 by 35 and get 0.6
6 0
3 years ago
Read 2 more answers
Other questions:
  • Jessie bought f bags of potting soil for $2.00 each. Write an expression to show how much Jessie paid.
    12·1 answer
  • Which occupation is projected to have about 2,500,000 more workers than there will be computer systems analysts
    5·1 answer
  • ---&gt;WORTH 50 POINTS &lt;--- Question in the attachment below. I will give brainiest to best answer. Please show work.
    15·2 answers
  • Club owns.
    5·1 answer
  • If a photocopier makes copies in 1/3 s, then at the same rate, how many copies does it make in 4 minutes?
    7·1 answer
  • If 34 container of paint covers 35 of a wall, which statement is true?
    11·1 answer
  • Help plz this is due late so plz help me
    7·1 answer
  • 1+5+10-7*15+45/2<br> please help it’s due soon!!!
    7·1 answer
  • Solve (x-4)² = 5.<br> A. x=9 and x = -1<br> B. x=-4± √√5<br> OC. x=4+√5<br> D. x-5± √√4
    5·2 answers
  • Can someone help me with these problems and show work please !
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!